| Investment Objective: |
Corgi U.S. Equities 10% Structured Buffer ETF - August Series seeks to provide investors with returns that generally match the price return of the SPDR S&P 500 ETF Trust, up to the upside cap of 10% while providing a buffer against the first 10% of SPDR S&P 500 ETF Trust losses, over the period from August 1, 2026 to July 31, 2027. Under normal circumstances, the Fund will invest at least 80% of its net assets in investments that provide exposure to SPDR S&P 500 ETF Trust. The Fund obtains this exposure primarily through FLEXible EXchange Options ("FLEX Options") on the Underlying ETF. FLEX Options are exchange-traded options with terms that may be customized within exchange guidelines. While FLEX Options are cleared and guaranteed for settlement by The Options Clearing Corporation ("OCC"), they remain subject to risks associated with the clearinghouse and may be less liquid than more standardized listed options. Because the Fund uses options to pursue its objectives, an investment in the Fund has return characteristics that differ from many traditional investment vehicles, and investors should understand these characteristics before investing. |
